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edgeisedge
1-2 years

How do Track Fxx's swap fees (overnight financing rates) stack up against those offered by other brokers?

Broker Issues
Track Fxx
Fees and Spreads
08-04
United States
WikiFX
Reply

After researching Track Fxx and reviewing all the details I could find, I am unable to locate any concrete, transparent information about their swap fees or overnight financing rates. As someone who’s traded forex for years, the absence of published swap fee schedules is troubling. Most reputable brokers make these costs clear because overnight financing can have a significant impact on long-term trading strategies; even small differences in rates can accumulate and affect overall returns. In my experience, reliable brokers are transparent about all applicable costs, allowing me to compare and choose the best fit for my trading style. What raises even more caution for me is Track Fxx’s lack of valid regulatory oversight. The broker operates with a “suspicious regulatory license” and carries a high potential risk warning, according to independent assessments. This lack of meaningful regulation is a red flag, since it means there are few safeguards in place to ensure fair pricing or dispute resolution–particularly concerning less visible charges like swaps. Given these factors, I am not comfortable assuming anything about how Track Fxx’s swap fees compare to competitors. For my own capital and peace of mind, I strongly prefer brokers who are both well-regulated and completely upfront about every aspect of their fee structure, including overnight financing. Until Track Fxx demonstrates this level of transparency and accountability, I would remain extremely cautious.

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